Overall, the regression in performance, when compared to the Nikon 1 V1, suggest this camera is not as good a buy as the V1 – its results were simply underwhelming. If you already own a Nikon 1 V1 and are thinking of an upgrade, then you’ll probably find more benefit in waiting for the next iteration to see what that brings, as the V2 will not give you appreciably better images over what you have already. If you are in the market for a new hybrid type camera, then you may find benefit looking elsewhere if you want the best image quality. Within this area, the major contenders for other models to consider are the Canon EOS M, the Olympus EPL5, the Sony NEX 6 and the Pentax K01. These five models will all suit different types of photographer and will offer better image quality performance in some areas. However, when choosing your next camera, remember that overall suitability is not just a matter of sensor capability. The ace for the Nikon 1 V2 is that the smaller sensor allows the lenses to be smaller too. If you need a small system camera, perhaps to travel with, then perhaps the more portable system size of the Nikon 1 V2 will provide the balancing trade-off between outright image quality and usability. But only you can make that decision based on your needs.